Marvel Gold Ltd (MVL) - Net Assets
Based on the latest financial reports, Marvel Gold Ltd (MVL) has net assets worth AU$3.73 Million AUD (≈ $2.64 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$4.33 Million ≈ $3.06 Million USD) and total liabilities (AU$598.75K ≈ $423.65K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Marvel Gold Ltd (MVL) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$3.73 Million |
| % of Total Assets | 86.16% |
| Annual Growth Rate | -9.63% |
| 5-Year Change | -75.23% |
| 10-Year Change | -36.28% |
| Growth Volatility | 671.37 |
Marvel Gold Ltd - Net Assets Trend (2015–2025)
This chart illustrates how Marvel Gold Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Marvel Gold Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Marvel Gold Ltd (2015–2025)
The table below shows the annual net assets of Marvel Gold Ltd from 2015 to 2025. For live valuation and market cap data, see MVL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AU$3.73 Million ≈ $2.64 Million |
+27.14% |
| 2024-12-31 | AU$2.93 Million ≈ $2.08 Million |
-57.31% |
| 2023-12-31 | AU$6.87 Million ≈ $4.86 Million |
-41.91% |
| 2022-12-31 | AU$11.83 Million ≈ $8.37 Million |
-21.45% |
| 2021-12-31 | AU$15.06 Million ≈ $10.65 Million |
+4215.56% |
| 2020-12-31 | AU$-365.81K ≈ $-258.83K |
+90.80% |
| 2019-12-31 | AU$-3.98 Million ≈ $-2.81 Million |
-2058.16% |
| 2018-12-31 | AU$203.04K ≈ $143.67K |
-96.99% |
| 2017-12-31 | AU$6.74 Million ≈ $4.77 Million |
+15.16% |
| 2016-12-31 | AU$5.85 Million ≈ $4.14 Million |
-42.97% |
| 2015-12-31 | AU$10.26 Million ≈ $7.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Marvel Gold Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 4255094000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$47.39 Million | 1270.83% |
| Other Comprehensive Income | AU$243.65K | 6.53% |
| Other Components | AU$32.82K | 0.88% |
| Total Equity | AU$3.73 Million | 100.00% |
Marvel Gold Ltd Competitors by Market Cap
The table below lists competitors of Marvel Gold Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BIORETEC OY
F:0TN
|
$16.10 Million |
|
SemiLEDS Corporation
NASDAQ:LEDS
|
$16.10 Million |
|
PT Cilacap Samudera Fishing Industry Tbk
JK:ASHA
|
$16.11 Million |
|
Greentech Metals Ltd
AU:GRE
|
$16.12 Million |
|
Western Mines Group Ltd
AU:WMG
|
$16.10 Million |
|
Dongsung Pharm
KO:002210
|
$16.09 Million |
|
Arcure SA
PA:ALCUR
|
$16.09 Million |
|
SBC Corp Bhd
KLSE:5207
|
$16.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marvel Gold Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,050,010 to 3,728,676, a change of 678,666 (22.3%).
- Net loss of 3,180,815 reduced equity.
- Share repurchases of 4,485,000 reduced equity.
- New share issuances of 4,485,001 increased equity.
- Other comprehensive income increased equity by 168,929.
- Other factors increased equity by 3,690,551.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-3.18 Million | -85.31% |
| Share Repurchases | AU$4.49 Million | -120.28% |
| Share Issuances | AU$4.49 Million | +120.28% |
| Other Comprehensive Income | AU$168.93K | +4.53% |
| Other Changes | AU$3.69 Million | +98.98% |
| Total Change | AU$- | 22.25% |
Book Value vs Market Value Analysis
This analysis compares Marvel Gold Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.08x to 5.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | AU$0.20 | AU$0.02 | x |
| 2016-12-31 | AU$0.06 | AU$0.02 | x |
| 2017-12-31 | AU$0.06 | AU$0.02 | x |
| 2018-12-31 | AU$0.00 | AU$0.02 | x |
| 2019-12-31 | AU$-0.02 | AU$0.02 | x |
| 2020-12-31 | AU$0.00 | AU$0.02 | x |
| 2021-12-31 | AU$0.03 | AU$0.02 | x |
| 2022-12-31 | AU$0.02 | AU$0.02 | x |
| 2023-12-31 | AU$0.01 | AU$0.02 | x |
| 2024-12-31 | AU$0.00 | AU$0.02 | x |
| 2025-12-31 | AU$0.00 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marvel Gold Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -85.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.16x
- Recent ROE (-85.31%) is above the historical average (-396.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -12.24% | -18271.75% | 0.00x | 1.01x | AU$-2.28 Million |
| 2016 | -79.68% | -9907.26% | 0.01x | 1.09x | AU$-5.25 Million |
| 2017 | -60.98% | -19208.47% | 0.00x | 1.06x | AU$-4.78 Million |
| 2018 | -3964.52% | -3056.56% | 0.04x | 32.98x | AU$-8.07 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-7.09 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | AU$-8.96 Million |
| 2021 | 139.29% | 0.00% | 0.00x | 1.05x | AU$19.05 Million |
| 2022 | -68.91% | -110792.20% | 0.00x | 1.02x | AU$-9.40 Million |
| 2023 | -102.08% | -39997.53% | 0.00x | 1.01x | AU$-7.78 Million |
| 2024 | -122.52% | -14733.32% | 0.01x | 1.11x | AU$-4.04 Million |
| 2025 | -85.31% | 0.00% | 0.00x | 1.16x | AU$-3.55 Million |
Industry Comparison
This section compares Marvel Gold Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $25,668,054
- Average return on equity (ROE) among peers: -17.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marvel Gold Ltd (MVL) | AU$3.73 Million | -12.24% | 0.16x | $16.10 Million |
| Australasian Metals Ltd (A8G) | $7.13 Million | -4.71% | 0.03x | $4.06 Million |
| Ariana Resources Plc (AA2) | $28.53 Million | 13.52% | 0.07x | $61.22 Million |
| Aruma Resources Ltd (AAJ) | $3.29 Million | -92.67% | 0.06x | $6.23 Million |
| Astral Resources NL (AAR) | $4.84 Million | -26.93% | 0.09x | $172.04 Million |
| Antilles Gold Ltd (AAU) | $13.60 Million | -30.40% | 1.14x | $27.84 Million |
| Adelong Gold Ltd (ADG) | $5.99 Million | -12.99% | 0.07x | $9.43 Million |
| Ardiden Ltd (ADV) | $5.19 Million | -11.16% | 0.05x | $53.22 Million |
| Australian Gold and Copper Ltd (AGC) | $17.69 Million | -3.27% | 0.01x | $28.58 Million |
| Ark Mines Ltd (AHK) | $-3.79 Million | 0.00% | 0.00x | $16.89 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $1.49 Billion |
About Marvel Gold Ltd
Marvel Gold Limited engages in the acquisition, exploration, and development of gold projects. The company holds 100% interest in the Hanang gold project, which is located in central Tanzania. Marvel Gold Limited was incorporated in 2016 and is based in Subiaco, Australia.